- Strong performance from all business clusters
- Headline earnings up 50,5% to R2 104 million
- Headline EPS up 47,5% to 522 cents
- Fully diluted HEPS up 43,8% to 509 cents
- ROE increased from 14,8% to 18,3%
- Efficiency ratio improved from 65,1% to 57,3%
- Strong group capital adequacy of 13,3%
- Interim dividend per share up 99% to 209 cents
'The increasingly outward focus of the Nedbank Group continues to impact positively on our financial performance. Revenue growth is ahead of our original expectations and expense growth remains well-managed. This positive momentum has led to improving staff morale and supports a strategy of investing R1 billion in upgrading and expanding our distribution footprint over the next three years. By constantly improving client service and investing for the future we are confident of delivering on the commitments we have made to our shareholders, clients and staff.'
Tom Boardman
Chief Executive
Chief Executive
